Funding you earn now, next payment 01:00 UTC−0.0240%/8h= −26.3% APRpaid last 24h −0.055%
Price spread now: Derive against BloFin+0.062%55s7-day average +0.028% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.354%−$35 on $10k
+Price spread, last 3 days (all we have)−0.053%−$5 · spread now +0.062%, 7d avg +0.028%
=The price spread pays, funding is against you. Derive is 0.034% dearer against BloFin than usual: you sell high and buy low (spread +0.062% now, against its 7-day average of +0.028%): +$3 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 11 hours. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin XAUT-USDT | 4,353.1 | 0.0340 | pay 0.0170% / 4h | 3h 12m | $2.3M | $1.6M | 75x |
| Short | Derive XAUT-PERP | 4,355.8 | 0.0100 | get 0.0013% / 1h | 12m 13s | $1.9M | $220K | 10x |
BloFin XAUT-USDT
Derive XAUT-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Derive against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$50.4
- Price spread: +0.062% → +0.028%
- $3.44
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Derive: 3 bp × 2 orders
- −$6
- Net
- −$64.96
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 6 min ago; Derive: no order-book sample. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BloFin live order book, 6 min ago | 0.12 bp | 6.1 bp −$6 | 6.3 bp −$63 | 9.6 bp −$965 | doesn't fit |
| Sell Derive no order-book sample | — | — | — | — | — |
Derive: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
XAUT on 20 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps XAUTUSD | −0.0261% | 1h | 4,353.8 | +0.016% | $56K | $31K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0052% | 4h | 4,353.8 | +0.016% | $25.9M | $15.2M | 75x | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,355.2 | +0.048% | $131.1M | $8.2M | 100x | as long as short |
| Injective XAUT/USDC PERP | +0.0033% | 1h | 4,349.8 | −0.076% | $8K | $149K | 30x | as long as short |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,356.2 | +0.071% | $10.2M | $2.0M | 25x | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,353.1 | +0.001% | $4.2M | $1.0M | 10x | as long as short |
| Binance XAUTUSDT | +0.0100% | 4h | 4,355 | +0.045% | $35.5M | $46.8M | 75x | as long as short |
| Bybit XAUTUSDT | +0.0100% | 4h | 4,353.9 | +0.019% | $120.9M | $27.7M | 75x | as long as short |
| MEXC XAUT_USDT | +0.0100% | 4h | 4,353.8 | +0.016% | $338.0M | $283.7M | 1000x | as long as short |
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,355.9 | +0.065% | $11.4M | $2.9M | 75x | as long as short |
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
Gate XAUT_USDT
Injective XAUT/USDC PERP
SoDEX XAUT-USD
Nado XAUT-PERP
Binance XAUTUSDT
Bybit XAUTUSDT
MEXC XAUT_USDT
KuCoin XAUTUSDTMShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX XAUT-USDT | +0.0100% | 4h | 4,353.7 | +0.014% | — | $17.9M | — | as long as short |
| Variational Omni XAUT | +0.0100% | 4h | 4,349.2 | −0.090% | $33.1M | $3.5M | — | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,352.6 | −0.012% | $1K | $114K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,354.5 | +0.032% | $267 | $17K | 10x | as long as short |
| Derive XAUT-PERPshort | +0.0100% | 1h | 4,355.8 | +0.062% | $1.9M | $220K | 10x | |
| SunX XAUT-USDT | +0.0100% | 4h | 4,361.4 | +0.190% | $2K | $3.6M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,354.3 | +0.028% | $1.8M | $231K | 75x | as long as short |
| Extended XAUT-USD | +0.0104% | 1h | 4,353.9 | +0.018% | $272K | $231K | 25x | as long as short |
| Kraken Futures PF_XAUTUSD | +0.0118% | 1h | 4,357 | +0.091% | $5.3M | $4.1M | 50x | as long as short |
| BloFin XAUT-USDTlong | +0.0340% | 4h | 4,353.1 | long leg | $2.3M | $1.6M | 75x |
BingX XAUT-USDT
Variational Omni XAUT
GRVT XAUT_USDT_Perp
Orderly PERP_XAUT_USDC_mythos
SunX XAUT-USDT
HTX XAUT-USDT
Extended XAUT-USD
Kraken Futures PF_XAUTUSD